Question

Difference b/w Depriciation and depriciation reserve fund

Answer 1

Answer:

Depreciation is the loss of value of fixed assets in use because of normal wear and tear, normal rate of accidental damages and expected or foreseen obsolescence. ... This is called depreciation reserve fund.

Answer 2

Differentiate between depreciation and depreciation reserve fund. Answer: Depreciation is the loss of value of fixed assets in use because of normal wear and tear, normal rate of accidental damages and expected or foreseen obsolescence.



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